The chief economist of this Abidjan-based rating agency explains this by the simultaneous drop in new vehicles sold (-10%), after-sales service activity (-18.6%) and pneumatic activity (-25.4%), in connection with the health crisis.

The company's net income also fell (-43.8%) over the period under review to reach 477.9 million FCFA on 30 June 2020. The reduction in company profits was mainly due to the contraction in operating income (-27.2%) and the result of ordinary activities (

On the stock market, Bloomfield Investment notes, the TRACTAFRIC share price did not show significant fluctuations during 2020. Over the period from January 2 to August 28, it averaged 3,009 FCFA, then registered a generally bearish trend thereafter

At the end of the session on November 6, 2020, the share was trading at 2,195 FCFA, a decrease of 19% compared to the start of the year. The health crisis coupled with the tense socio-political context in Côte d'Ivoire should negatively impact TRACTAFRIC's performance and the value of its action in the second half of the